SBD Global/June 10, 2013/Franchises

Print All
  • League Championship Sheffield Wednesday Reportedly Attracts Takeover Interest

    League Championship Sheffield Wednesday FC Chair Milan Mandaric has revealed that the club is "a magnet for potential buyers" -- but a sale of the club is not imminent, according to Paul Thompson of the SHEFFIELD TELEGRAPH. The chairman was reacting to rumors that a Chinese-American consortium has "shown interest in the Owls." Mandaric: "There is always interest; there was always interest before my time here. One day if there is a certain person or a certain group who can accelerate a good job here, I will consider that." It appears that Wednesday is "continually being sounded out by parties who may be interested in taking over, but nothing concrete has emerged." The rumor about the Chinese-American group "emanated from the Middle East." The club is "a more attractive proposition to possible buyers now, as a Championship outfit with one owner and financial stability," than when it had a more complex ownership structure and huge debts (SHEFFIELD TELEGRAPH, 6/6).

    Print | Tags: Franchises, United Kingdom
  • Financial Troubles Force DEL Side Hannover Scorpions To Compete In Oberliga In '13-14

    German hockey club Hannover Scorpions, which won the German Hockey League (DEL) title in '10, "will from now on play in the Oberliga," Germany's third tier, according to RP ONLINE. After the club had to sell its DEL license due to financial reasons to the Schwenninger Wild Wings, "a relaunch of the club in the second division is not possible." Hannover Sport Dir Marco Stichnoth said, "We aren't capable of paying a second division team." To compete in the second division, a team needs around €2.5M ($3.24M). Stichnoth wants to build an Oberliga team, which will compete under the Hannover Scorpions name in Langenhagen near Hannover. The city "will have two teams in the Oberliga next season," as former second division side Hannover Indians "had to file for bankruptcy and will also compete in the Oberliga North" (RP ONLINE, 6/6).

    Print | Tags: Franchises, Europe
  • Sebastian Vettel, Mark Webber Tensions At Red Bull Overshadowed By Tire Controversy

    F1's preoccupation with the controversy surrounding Mercedes-Benz's secret tire test "has deflected attention from the strained relations between Mark Webber and imperious world champion teammate Sebastian Vettel," according to Mark Fogarty of the SYDNEY MORNING HERALD. Relations between the Red Bull Racing pair, which had been cool at the best of times, "descended into public rancour at the end of March after Vettel ignored team orders and overtook Webber to win in Malaysia." The ensuing enmity "cast doubt on Webber's future with Vettel-centric RBR and, indeed, his future as he approaches his 37th birthday." While it has been overtaken by a juicier conflict, the Australian's position at RBR "is still uncomfortable in the wake of Vettel's defiance of the 'Multi 21' agreement in the Malaysian Grand Prix." Vettel's decision to ambush Webber, overtaking after Webber "had 'turned down' his engine and was at a performance disadvantage, destroyed what little trust there was between them." Whether Webber wants to stay at Red Bull for another year or if, indeed, he will be offered another contract renewal "are the key questions" (SMH, 6/9).

    Print | Tags: Franchises, Australia
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug